Konddor receives Rs 197.71 crore railway subcontract

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Nifty Microcap 250market · in no size index; the smallest one is used+0.4%+4.6% vs market

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AI summary

Disclosed on October 25, 2026, Konddor Industries received a subcontract worth Rs 197.71 crore, including GST, from Sannverse Railtech for earthwork and blanketing on new broad-gauge rail lines in Madhya Pradesh. Signed on March 31, 2026, it covers the Dhar-Amjhera and Tirla-Maphatpura sections of Western Railway projects awarded through GKC Projects.

Likely market impact

Positive for order visibility and prospective revenue, but execution, cost and margin risks remain.